Rafael Holdings, Inc. balance sheet

At the end of fiscal 2026, Rafael Holdings, Inc. had total assets of $83.1m, total liabilities of $11.1m and shareholders' equity of $66.3m. It held $22.1m in cash against $610,000 of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Rafael Holdings, Inc.: balance sheet, annual
Fiscal year	2016Jul 2016	2017Jul 2017	2018Jul 2018	2019Jul 2019	2020Jul 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jul 2024	2025Jul 2025	2026Jul 2026
Cash and equivalents	2	12	16	12	6	8	27	21	3	53	22
Receivables	—	0	0	0	0	0	0	0	0	1	0
Inventory	—	—	—	—	—	—	—	—	—	0	0
Total current assets	—	12	45	13	10	15	108	83	73	57	26
Goodwill	—	—	—	—	—	—	—	—	3	20	20
Total assets	—	86	117	142	136	154	118	99	97	114	83
Accounts payable	—	0	0	1	1	1	1	0	3	7	7
Total current liabilities	—	0	1	1	6	17	21	2	8	12	11
Long-term debt	—	—	—	1	—	—	—	—	0	0	0
Total debt	0	0	0	15	—	15	15	0	2	2	1
Total liabilities	—	24	1	17	6	17	21	2	11	16	11
Shareholders' equity	49	53	107	111	117	122	101	100	82	94	66
Non-controlling interests and other (assets − liabilities − equity)	—	9	9	14	14	14	−3	−4	4	4	6

US$ millions unless shown otherwise. Fiscal quarters.

Rafael Holdings, Inc.: balance sheet, quarterly
Quarter	2025 Q1Oct 2024	2025 Q2Jan 2025	2025 Q3Apr 2025	2025 Q4Jul 2025	2026 Q1Oct 2025	2026 Q2Jan 2026	2026 Q3Apr 2026	2026 Q4Jul 2026
Receivables	0	0	0	1	0	0	0	0
Inventory	—	—	0	0	0	0	0	0
Total current assets	70	66	42	57	48	42	35	26
Goodwill	3	—	28	20	20	20	20	20
Total assets	88	83	108	114	105	99	92	83
Accounts payable	3	3	8	7	7	8	7	7
Total current liabilities	7	7	11	12	12	12	11	11
Long-term debt	0	0	0	0	0	0	0	0
Total debt	0	0	0	0	0	0	0	0
Total liabilities	10	10	24	16	16	16	11	11
Shareholders' equity	74	69	81	94	85	79	75	66
Non-controlling interests and other (assets − liabilities − equity)	4	3	4	4	4	4	5	6

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Rafael Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Rafael Holdings, Inc.